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"the new york times" reports the u.s. is already training rebels at an undisclosed base in the middle east. secretary of state john kerry is meeting with syrian rebel leaders in rome today. >>> and the union boss considered the most powerful woman in mexico is under arrest today. accused of embezzling some $200 million. she ran mexico's teachers union. and allegedly used the money for plastic surgery and mansions in california, as well as a private jet. >>> and near detroit, a suspected gas line explosion leveled 1 house, damaged 35 others. one person was killed in the blast. a blast so powerful, it was heard and felt several miles away. >>> and it is being called the first human mission to mars. millionaire space tourist, dennis tito, wants to send two people to the red planet on a 500-day journey. still has to work out a few kinks, like modifying a space capsule to keep the two people alive. >> oh. >> just a minor kink to work out. he is convinced it will be feasible by 2018. says he wants to use a married couple, sayin
"the new york times" reports the u.s. is already training rebels at an undisclosed base in the middle east. secretary of state john kerry is meeting with syrian rebel leaders in rome today. >>> and the union boss considered the most powerful woman in mexico is under arrest today. accused of embezzling some $200 million. she ran mexico's teachers union. and allegedly used the money for plastic surgery and mansions in california, as well as a private jet. >>> and near...
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Feb 28, 2013
02/13
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. >> the u.s. now saying it will provide nonlethal aid to the opposition. describe. >> they've already been doing that. i think what you're seeing is more nonlethal aid. the united states until now mob providing communication mostly radio. about $50 million. today, secretary kerry said there will be another $60 million, another toe in the water, if you will, toward the opposition to provide them with food. to provide them with money. to help govern liberated areas. it's significant, because when you put another toe in the water, there's a possibility that you're going to jump in with the full body. but that's not what we're seeing right now. it's non -- military aid, nonlethal aid. it's a little more. >> there has always been some reluctance on the part of the administration, as you said to dive too deeply into this concept of syria. and one of the areas they cite is not knowing who the opposition is. and the concern there might be al qaeda among the opposition fighters. what would you say to that? >> there certainly are al qaeda among the opposition groups
. >> the u.s. now saying it will provide nonlethal aid to the opposition. describe. >> they've already been doing that. i think what you're seeing is more nonlethal aid. the united states until now mob providing communication mostly radio. about $50 million. today, secretary kerry said there will be another $60 million, another toe in the water, if you will, toward the opposition to provide them with food. to provide them with money. to help govern liberated areas. it's significant,...
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Feb 28, 2013
02/13
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-- >> in the u.s. it's very unpleasant to be unemployed. so you know, make no mistake it is not a thing like germany where you can go many, many, many years with 100% full income replacement. these things expire after 75 weeks. they were shortened as of january 1st. and of the 12.5 million people unemployed do you know how many people actually receive unemployment insurance benefits? >> how many? >> 3? 3.5. so this is not a country -- >> 3.5 million. >> 3.5 million. so about a quarter of people who are unemployed get the benefit. so this is not a country where you can sit on the couch -- >> the reason that we're worried -- connect the dots in italy why we're now worried. the labor reforms that were going to happen based on having a stable government are not going to happen now and you're going to be stuck with no growth for 20 years. we don't want a labor situation -- >> italy had no growth for 15 years and everyone thought berlusconi was -- >> we don't want any of that. because, you can never -- you c
-- >> in the u.s. it's very unpleasant to be unemployed. so you know, make no mistake it is not a thing like germany where you can go many, many, many years with 100% full income replacement. these things expire after 75 weeks. they were shortened as of january 1st. and of the 12.5 million people unemployed do you know how many people actually receive unemployment insurance benefits? >> how many? >> 3? 3.5. so this is not a country -- >> 3.5 million. >> 3.5...
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Feb 28, 2013
02/13
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. >>> meanwhile, not history of a good time happening here in the u.s. counting down to those forced spending cuts. it appears that everyone in washington believes that ax will drop. >>> and a night of terror for a mother and a child in florida. my goodness, take a look at this. suddenly face-to-face with a gunman. it is all caught on camera. we'll share this all with you. you're watching "early start." take these bags to room 12 please. [ garth ] bjorn's small business earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth ] why settle for less? ahh, oh! [ garth ] great businesses deserve unlimited rewards. here's your wake up call. [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose double miles or 2% cash back on every purchase every day. what's in your wallet? [ crows ] now where's the snooze button? [ crows ] i can't believe your mom let you take her car out.ck! this is awesome! whoooo! you're crazy. go faster! go faster! go faster! go faster! n
. >>> meanwhile, not history of a good time happening here in the u.s. counting down to those forced spending cuts. it appears that everyone in washington believes that ax will drop. >>> and a night of terror for a mother and a child in florida. my goodness, take a look at this. suddenly face-to-face with a gunman. it is all caught on camera. we'll share this all with you. you're watching "early start." take these bags to room 12 please. [ garth ] bjorn's small...
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Feb 27, 2013
02/13
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look at it this way, if the u.s. treasury sells you a cash flow stream, what they're saying is a dollar today is a dollar of annual cash flow is worth hundreds of dollars. on the other hand, a dollar of apple's earnings is worth somewhere in the low teens. if you transfer that low pe cash flow into very high multiple bond flow, that's great. his proposal is essentially that. take part of apple and make it look more like a bond. in theory, that could add value. >> you sound like you're behind that. i wonder if you think the company can be brought around to that point of view. >> well, you know, it's -- it is probably not in the top 1 or 2 things i think about when i think of apple. i think of innovation and the competitive situation. and i also try to draw a distinction between the cash flow, which really is a measure of what kind of a premium they can get for their products versus their cash hoard. the cash hoard is the spoils of past victory. the positive cash flow, that's a measure of how competitive the products a
look at it this way, if the u.s. treasury sells you a cash flow stream, what they're saying is a dollar today is a dollar of annual cash flow is worth hundreds of dollars. on the other hand, a dollar of apple's earnings is worth somewhere in the low teens. if you transfer that low pe cash flow into very high multiple bond flow, that's great. his proposal is essentially that. take part of apple and make it look more like a bond. in theory, that could add value. >> you sound like you're...
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chuck hagel narrowly wins u.s. senate approval to become the new defense secretary but his policies draw fire from capitol hill especially among his own a fellow republican. italy upsets the austerity apple cart as voters say no two more cots but leave parliament in turmoil raising fears that the country's political crisis will negatively impact the eurozone. and how's this for a minor traffic offense the shocking video posted by a russian company of their eight year old daughter driving as dangerous as. you're watching our live from moscow i mean you see no way with our top story chuck hagel has been narrowly approved by the u.s. senate as the new defense secretary he came under fire from fellow republicans for his past criticism of the iraq war and the israeli lobby with some believing he could also be too soft on iran and it's to can now on the clash on capitol hill. chuck hagel was confirmed by the senate fifty eight votes for forty one vote against a narrow vote as you can see if he can find a movie ball that
chuck hagel narrowly wins u.s. senate approval to become the new defense secretary but his policies draw fire from capitol hill especially among his own a fellow republican. italy upsets the austerity apple cart as voters say no two more cots but leave parliament in turmoil raising fears that the country's political crisis will negatively impact the eurozone. and how's this for a minor traffic offense the shocking video posted by a russian company of their eight year old daughter driving as...
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Feb 27, 2013
02/13
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he is watching the action of the u.s. senate closely. >> is he -- >> he is getting updates from his staff on everything from intelligence to military operations. he firmly remains in the seat. he will do so until senator hagel is confirmed. >> the joint commission has not met officially. is there any sense of timing? >> isaf is in the best position to talk to the positions of timing and the composition of the joint commission. i would refer you to them. we will monitor here what the joint commission discusses. >> is a us bank goal to keep special operations forces? >> i do not have the precise answer there. i would wait until the joint, schempp -- joint commission concludes its work. special operations in afghanistan have been important. we will let the joint commission do its work to address these concerns. >> one karzai posterity or -- karzai sees this operation and most outs, does isaf come why? >> we have to let the process work in cobble. it has not begun. we are working with afghans to understand the concerns and to
he is watching the action of the u.s. senate closely. >> is he -- >> he is getting updates from his staff on everything from intelligence to military operations. he firmly remains in the seat. he will do so until senator hagel is confirmed. >> the joint commission has not met officially. is there any sense of timing? >> isaf is in the best position to talk to the positions of timing and the composition of the joint commission. i would refer you to them. we will monitor...
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Feb 27, 2013
02/13
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we've been watching the u.s. equity futures. after triple-digit gains for the market yesterday, you see a little bit of a pullback this morning. dow futures down by 15 points. s&p futures off by 2.5 points. and the dow recovering more than half of monday's losses with yesterday's big gains. it was about 115-point gain yesterday for the dow. today we're assembling a group of some of the most season's veterans on wall street, offering guidance on where to best position investments from here. among our guests, jim o'shaughnessy, chief quit strategist bob doll, s&p's alec young, and former new york fed staffer dino kos. a big part of the market rally store is housing. and some signs of recovering. real estate firm trulius will join us with the latest numbers. then we'll have breaking economic numbers. we've got january durable good that's are set to hit the tape at 8:30 eastern time. economists looking for a drop of 5.3%. before we get to that, andrew has this morning's top corporate headlines. good morning, andrew. >> hey, becky. y
we've been watching the u.s. equity futures. after triple-digit gains for the market yesterday, you see a little bit of a pullback this morning. dow futures down by 15 points. s&p futures off by 2.5 points. and the dow recovering more than half of monday's losses with yesterday's big gains. it was about 115-point gain yesterday for the dow. today we're assembling a group of some of the most season's veterans on wall street, offering guidance on where to best position investments from here....
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Feb 27, 2013
02/13
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gave support to u.s. markets as we're just over an hour and nearly ten minutes into trade in europe. down on the session lows. you see pretty even stevens on the dow jones stock 600 between advances. and advances nosing in front at the moment. we have come back from the earlier, better start that we had. nevertheless, trying to claw back losses from where we were yesterday. the xetera dax flat at the moment. the ibex in spain up .5%. the ftse mib up .2%. there are some individual stocks worth looking at this morning. here we go, eads up 5% after earnings beat expectations. more on that company later on in the show, as well, with our correspondent in paris. and 6.7% raise in brig. shares rising because of the opt stick outlook for 2013. swiss livestock up 7%. their numbers came in with expectations. shares rising after the c.o. said further writedowns are unlikely. and cable deutsche down 4.5% on reports that vodaphone will have a takeover bid. italy, 4.86%. as peter said, 5%. anything blow that might be a
gave support to u.s. markets as we're just over an hour and nearly ten minutes into trade in europe. down on the session lows. you see pretty even stevens on the dow jones stock 600 between advances. and advances nosing in front at the moment. we have come back from the earlier, better start that we had. nevertheless, trying to claw back losses from where we were yesterday. the xetera dax flat at the moment. the ibex in spain up .5%. the ftse mib up .2%. there are some individual stocks worth...
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Feb 27, 2013
02/13
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how much welcome the district along the u.s.-mexico border and knows first-hand importance of border security, but also first-hand the enhanced safety and security they are facing and experiencing through hard work in el paso and i welcome you. i take two also welcome tulsi gabbay who comes from a district with unique homeland security interest. i was a very unique and you had a special commitment to this committee because we need to understand both the successes and challenges of why that is facing a different order of intrusion ip indemnification. i'm also delighted to welcome our ranking member, mr. thompson, who's had an ongoing commitment to securing the border is worked over the years has generated a number of successes. i would welcome mr. cuellar who is ranking member on this committee and were on the gao request many of us were reviewing. i ask unanimous consent to be allowed to question the witnesses at today's hearing. >> without objection. we welcome him being back with us. >> thank you so much. i want to as well com
how much welcome the district along the u.s.-mexico border and knows first-hand importance of border security, but also first-hand the enhanced safety and security they are facing and experiencing through hard work in el paso and i welcome you. i take two also welcome tulsi gabbay who comes from a district with unique homeland security interest. i was a very unique and you had a special commitment to this committee because we need to understand both the successes and challenges of why that is...
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Feb 27, 2013
02/13
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the u.s. kerry also took time out of his schedule to meet with young people in the german capital. >> security lock down as john kerry returned to the city he once called home. the first stop on the visit was for a chat with young berliners. discussions of a different kind with the chancellor. high on their agenda -- foreign policy and the economy, but first these comments on the relationship with the u.s. >> i record a great deal of importance to transatlantic ties. we do not just have common values. we also face common tasks. >> a number of these challenges were discussed at an earlier meeting with kerry's german counterpart. first and foremost, the plans for a new free trade deal between the u.s. and europe. >> germany is our largest trade partner in europe, and we want to see even more trade and investment that will create jobs -- jobs for -- jobs for germans, for americans, for all europeans. >> negotiations are set to begin within months, and i of the two sides managed to overcome their
the u.s. kerry also took time out of his schedule to meet with young people in the german capital. >> security lock down as john kerry returned to the city he once called home. the first stop on the visit was for a chat with young berliners. discussions of a different kind with the chancellor. high on their agenda -- foreign policy and the economy, but first these comments on the relationship with the u.s. >> i record a great deal of importance to transatlantic ties. we do not just...
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Feb 26, 2013
02/13
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i believe only for hostile u.s. deaths compared to around 60 or so this time last year. >> it really is these tori of tremendous progress and that the longer story than i have to tell from this podium today. but if in part what steps american and isaf partners have done to orient this very effective campaign in the right direction. it is also at the afghans are doing themselves to orient their own campaign and what we are doing together in afghanistan. we see major muscle movements on all three tracks. i think if you had the progress, bearing in mind there were still challenges out there that we are not discounting challenges that remain in the midst of a war come to the overall trend lines are positive. >> is it not at all about moving -- >> all i you and follow a tiered >> thank you it isn't not pulling from certain areas, but in most of the u.s. space on a lot of the site? is not about the trend at all? >> well, i think this will revert to try to achieve all along, and that is to make this war effort over time mo
i believe only for hostile u.s. deaths compared to around 60 or so this time last year. >> it really is these tori of tremendous progress and that the longer story than i have to tell from this podium today. but if in part what steps american and isaf partners have done to orient this very effective campaign in the right direction. it is also at the afghans are doing themselves to orient their own campaign and what we are doing together in afghanistan. we see major muscle movements on all...
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Feb 26, 2013
02/13
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u.s. banks, but equity vol picked up to me. that kind of signals that people are just looking to kind of take some profits in equities that acted very well but it didn't signify and equity land that there was this massive risk off situation that's right about to hit us here. >> you know, dan, the problem is, when you have, whether it's important market tops of interim market tops, they never look like there's going to be fundamental news to take them lower. they always just decide to go lower. what bothers me and what really bothers me greatly is the fact that the bond market is doing very well. under a normal circumstance, if somebody told you yesterday that the dow is going to be up 115 point us, where's the bond market? everybody would have said, it's got to be lower. wrong, it's up. and i think that's important to understand. i think what it's telling you is that this really is a -- risk is being taken off the table. that's not such a bad thing. and 5%, 10% on the down side probably wi
u.s. banks, but equity vol picked up to me. that kind of signals that people are just looking to kind of take some profits in equities that acted very well but it didn't signify and equity land that there was this massive risk off situation that's right about to hit us here. >> you know, dan, the problem is, when you have, whether it's important market tops of interim market tops, they never look like there's going to be fundamental news to take them lower. they always just decide to go...
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Feb 27, 2013
02/13
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we would work with u.s. visa and immigrations and customs enforcement to determine if they left on time. that's the biographic effort. >> how would we have 40% of the people in the country illegally who have -- whose visas have expired? why haven't we been eable to do that? >> i think this is an acknowledged area where we need to improve and we have been improving over the last several years. >> and that's exactly my point. some of the -- and you know this. some of the 9/11 terrorists overstaid their visas. in fact, one of the 9/11 terrorists was granted amnesty in 1986. we said he was an agricultural worker and was granted amnesty and later was one of the master minds to that. now there's a new proposal to grant a pathway to citizenship to millions who have crossed the border illegally or who have overstayed a visa. i believe that this will only encourage millions more now to come here through our open borders. basically, what this proposal is telling anyone who is here on a video is a right now, you can th
we would work with u.s. visa and immigrations and customs enforcement to determine if they left on time. that's the biographic effort. >> how would we have 40% of the people in the country illegally who have -- whose visas have expired? why haven't we been eable to do that? >> i think this is an acknowledged area where we need to improve and we have been improving over the last several years. >> and that's exactly my point. some of the -- and you know this. some of the 9/11...
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Feb 26, 2013
02/13
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the u.s. supreme court hears arguments on it next month, as well as a case that challenges the federal defense of marriage act. back with my panel. lauren ashburn, i'll begin with you here. 75 prominent republicans signing on to this. do you think this is a sign that conservative tides are changing. >> of course. it is a sea change. if you look at this, it mirrors exactly what the research is showing for the general population. one out of the five of us, one out of five actually are admitting to changing their views on gay marriage. that's according to a story from politico. and the numbers have reversed from four years ago. 49% people, according to pew, say they are for marriage, and 40% against it and that's a complete switch from four years ago. republicans are just acknowledging what the rest of the country is coming to believe. >> you're shaking your head. why? >> first of all, 75 republicans who are fringe now at best and have all but been driven out, you talk about huntsman, whitman, th
the u.s. supreme court hears arguments on it next month, as well as a case that challenges the federal defense of marriage act. back with my panel. lauren ashburn, i'll begin with you here. 75 prominent republicans signing on to this. do you think this is a sign that conservative tides are changing. >> of course. it is a sea change. if you look at this, it mirrors exactly what the research is showing for the general population. one out of the five of us, one out of five actually are...
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Feb 26, 2013
02/13
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sdmrirchlgt as the u.s. continues to -- john kerry embarked on his first overseas voyage as secretary of state. kerry's destination choice didn't come from the white house playbook. some white house officials wanted him to follow in clinton's foot steps bay making his maiden overseas trip a tour of asia, according to two people close to the situation. instead kerry insist odd a ten-day trip that starts in london. that raised a few eyebrows, says one state department adviser about kerry's decision. in london yesterday kerry poured on his trademark diplomatic harm to show that the special relationship was alive and well. >> it's no accident for sure that this is the first stop on my trip as secretary of state. i came here many, many years ago as a young child, managed to get lost in london zoo. i want to thank somebody for find meg. >> his diplomatic chops were put to the test when he had to privately promise syrian opposition leaders more nonmilitary aid to end their threatened boycott of an international fri
sdmrirchlgt as the u.s. continues to -- john kerry embarked on his first overseas voyage as secretary of state. kerry's destination choice didn't come from the white house playbook. some white house officials wanted him to follow in clinton's foot steps bay making his maiden overseas trip a tour of asia, according to two people close to the situation. instead kerry insist odd a ten-day trip that starts in london. that raised a few eyebrows, says one state department adviser about kerry's...
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Feb 26, 2013
02/13
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the u.s., france, britain, russia, china. since last round of talks last june, iran's uranium enrichment program has expanded violating u.n. resolutions. >> iran's claiming its program is for civilian use only, energy and such things but western leaders fear iran is building a nuclear bomb. >>> canada, a group of scientists is now calling for food to be dna tested to make sure these things, products, are what they say they really are. >> now paula newton will report test willing keep horse meat from ending up in beef products and other types of food fraud. >> reporter: with all of the new food scares i bet you're wondering if there's any way to know for sure exactly what you're eating and what you're giving your family. so we've come here to canada, the university, in the biodiversity institute of ontario. chris wheeland is here. you used to be doing this for crime scenes. what we're starting with are ikea meatballs. >> all we really need is a 1 millimeter piece. >> reporter: a scrap of food, that's all it takes to screen and
the u.s., france, britain, russia, china. since last round of talks last june, iran's uranium enrichment program has expanded violating u.n. resolutions. >> iran's claiming its program is for civilian use only, energy and such things but western leaders fear iran is building a nuclear bomb. >>> canada, a group of scientists is now calling for food to be dna tested to make sure these things, products, are what they say they really are. >> now paula newton will report test...
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Feb 26, 2013
02/13
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KCSMMHZ
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. >>> u.s. president barack obama has renewed his call on congress to avoid automatic spending cuts to scheduled on march 1st. >> these cuts do not have to happen. congress can turn them off any time with just a little bit of compromise. >> obama urged lawmakers to agree on a provisional measure that combines tax increases mainly on the wealthy and some reductions in government expenditures. but the negotiations between republicans and democrats have made little progress. republicans have rejected the president's call. >> listen, the president says we have to have another tax increase in order to avoid the sequester. well, mr. president, you got your tax increase. it's time to cut spending here in washington. >> the white house warns the automatic spending cuts could curtail activities of u.s. troops deployed worldwide, cause >>> congress reached a compromise two months ago to avert the fiscal cliff crisis. a japan based free phone and messaging service is teaming up with finland's mobile phone
. >>> u.s. president barack obama has renewed his call on congress to avoid automatic spending cuts to scheduled on march 1st. >> these cuts do not have to happen. congress can turn them off any time with just a little bit of compromise. >> obama urged lawmakers to agree on a provisional measure that combines tax increases mainly on the wealthy and some reductions in government expenditures. but the negotiations between republicans and democrats have made little progress....
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Feb 26, 2013
02/13
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the u.s. patent office issued patent number 46,454. i will give you a pop quiz. it was simply labeled john deere plow. but the implement sketched out on the page could just as easily been labeled, as some historians have named it, one of the most important inventions in american history. they called it the plow that broke the plains, and it did. by replacing cast-iron with smooth steel, john deere's innovation opened up huge new swaths of land for cultivation. it made it possible for towns like aberdeen south dakota my hometown to exist. before it killing and maker took a grown man a full 24 hours. after it, it took as little as five. and every pile of soil overturned upended another assumption about what the land could produce. that, to my mind, has been the story, not just of agricultural success, but of national success. and, indeed, of global progress. this kind of game changing innovation has enabled us to leap ahead, to break the points, to increase harvest, and to frankly, feed the whol
the u.s. patent office issued patent number 46,454. i will give you a pop quiz. it was simply labeled john deere plow. but the implement sketched out on the page could just as easily been labeled, as some historians have named it, one of the most important inventions in american history. they called it the plow that broke the plains, and it did. by replacing cast-iron with smooth steel, john deere's innovation opened up huge new swaths of land for cultivation. it made it possible for towns like...
WHUT (Howard University Television)
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Feb 26, 2013
02/13
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WHUT
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. >>> to the u.s. now where president barack obama has renewed his call on congress to avoid automatic spending cuts scheduled to kick in on march 1st. >> these cuts do not have to happen. congress can turn them off any time with just a little bit of compromise. >> obama urged lawmakers to agree on a provisional measure that combines tax increases mainly on the wealthy and some reductions in government expenditures. but the negotiations between republicans and democrats have made little progress. republicans have rejected the president's call. >> listen, the president says we have to have another tax increase in order to avoid the sequester. well, mr. president, you got your tax increase. it's time to cut spending here in washington. >> the white house warns the automatic spending cuts could curtail activities of u.s. troops deployed worldwide, cause 10,000 teachers to lose their jobs and hinder some patients from receiving medical treatment. the cuts are called sequestration. they were postponed when
. >>> to the u.s. now where president barack obama has renewed his call on congress to avoid automatic spending cuts scheduled to kick in on march 1st. >> these cuts do not have to happen. congress can turn them off any time with just a little bit of compromise. >> obama urged lawmakers to agree on a provisional measure that combines tax increases mainly on the wealthy and some reductions in government expenditures. but the negotiations between republicans and democrats...
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Feb 26, 2013
02/13
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and u.s. equity futures at this hour, we have green arrows and things might turn themselves around today. fed chairman ben bernanke is going to be heading to capitol hill this morning for day one of his hemp free hawkins testimony. he's expected to defend the central bank's bond buying and likely one that automatic spending cuts pose risk. cnbc is going to have complete coverage all day. and our guest host this hour is ready to tackle all of these issues. >> this yesterday was -- thanks. we saw yesterday and you know he's not becky. you did say here with becky. he was sitting right there. he looks nothing like her. >> every morning when you say the same thing -- >> i know. andrew and cliff. but before we get to home depot and is home depot is out and we're going to do this as quickly as possible. but there will be political maneuvering on what happened yesterday in the markets based on the sequester the.and because people don't watch it as closely as us, they're going to see the sequester is n
and u.s. equity futures at this hour, we have green arrows and things might turn themselves around today. fed chairman ben bernanke is going to be heading to capitol hill this morning for day one of his hemp free hawkins testimony. he's expected to defend the central bank's bond buying and likely one that automatic spending cuts pose risk. cnbc is going to have complete coverage all day. and our guest host this hour is ready to tackle all of these issues. >> this yesterday was -- thanks....
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Feb 26, 2013
02/13
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as far as u.s. futures are concerned, we're currently called a little bit higher at the moment on the u.s., which is interesting. bear in mind european stocks are firmly in the red. we'll check the futures in the moment. the dow is currently called up 25 points. the nasdaq and the s&p is currently called up nearly 7 points. as far as european markets, you can trust that with what we have on the screen. if xetra dax down 1.7%. the ftse down 1.2%. the biggest falls have been italian banks. a number of these banks opened limit down. unicredit down 7%. bmps down 4.95%, as well. the italian ten-year, 44.74%. we did rise to around 4.8%. so we have come down from the biggest point of the selloff. italian five-year is currently at 3.482%. it's pushed spanish yields higher, as well. in fact, we hit the highest since december last year on a spanish yield of around 5.5. currently at 5.82%. treasury yields, a little bit higher. 1.88%. what's interesting here is gilt yields right now 2.015 is where we stand. so
as far as u.s. futures are concerned, we're currently called a little bit higher at the moment on the u.s., which is interesting. bear in mind european stocks are firmly in the red. we'll check the futures in the moment. the dow is currently called up 25 points. the nasdaq and the s&p is currently called up nearly 7 points. as far as european markets, you can trust that with what we have on the screen. if xetra dax down 1.7%. the ftse down 1.2%. the biggest falls have been italian banks. a...
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economy so as the u.s. economy goes goes the rest of the world we just know that to be a fact in the united states is absolutely just i don't know money invading a lot of signs and you don't understand how for china it is martin go ahead go ahead finish your point ok but we're going to have some of the same time as the size of the economy ok all right ed then we'll go back to martin well the facts are that that's what it is i just want to say sorry sorry. don't be in there again i just want to say we just got the news that china eclipsed the u.s. in trade so if you're looking at the total number of exports and imports of goods in the united states last year that was three point eight two trillion china right point eight seven trillion and if you're looking at the g.d.p. statistics you're conscious when you look at the nominal g.d.p. but you need to look at the purchasing power adjusted g.d.p. that really reflects the real size of the economy because on that basis the renminbi is actually still undervalued a
economy so as the u.s. economy goes goes the rest of the world we just know that to be a fact in the united states is absolutely just i don't know money invading a lot of signs and you don't understand how for china it is martin go ahead go ahead finish your point ok but we're going to have some of the same time as the size of the economy ok all right ed then we'll go back to martin well the facts are that that's what it is i just want to say sorry sorry. don't be in there again i just want to...
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Feb 26, 2013
02/13
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the drop follows a slump in u.s. markets. the yen strength has been a drag on a wide range of issues. they are concerned about whether italy can consider its final reforms. the nikkei average is down 1.75%. the dollar was at a one month low and not a one month high. let's take a look at other markets in the asia pacific. south korea's kospi down a thirthird of a percent. let's see what's going in australia. it's down to 5,018. we'll see where other markets take us as they open in next hour. japan's prime minister abe has made his choice for the new bank of japan leader. looks like many leaders of the opposition party of japan will go along with it. kuroda is the chief of the asian development bank. abe is planning to present his nominees to the diet for approval by the end of this week. the government needs support from opposition parties. some members have expressed concerns. they say signing off on his appointment could be construed as approving the there isn't much doubt about his ability. some say there's not much mileage
the drop follows a slump in u.s. markets. the yen strength has been a drag on a wide range of issues. they are concerned about whether italy can consider its final reforms. the nikkei average is down 1.75%. the dollar was at a one month low and not a one month high. let's take a look at other markets in the asia pacific. south korea's kospi down a thirthird of a percent. let's see what's going in australia. it's down to 5,018. we'll see where other markets take us as they open in next hour....
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economy so as the u.s. economy goes goes the rest of the world we just know that to be a fact in the united states is absolutely just i don't know money invading a lot of signs and you don't understand how for china it is martin go ahead go ahead finish your point ok but we're going to have the same time as the size of the economy ok all right ed then we'll go back to martin well the facts are that that's what it is i just want to say sorry saw it. don't be in there again i just want to say we just got the news that china eclipsed the u.s. in trade so if you're looking at the total number of exports and imports of goods in the united states last year that was three point eight two trillion china right eight seven trillion and if you're looking at the g.d.p. statistics you conscious when you look at the nominal g.d.p. but you need to look at the purchasing power adjusted g.d.p. debt really reflects the real size of the economy because on that basis the renminbi is actually still undervalued and so china and
economy so as the u.s. economy goes goes the rest of the world we just know that to be a fact in the united states is absolutely just i don't know money invading a lot of signs and you don't understand how for china it is martin go ahead go ahead finish your point ok but we're going to have the same time as the size of the economy ok all right ed then we'll go back to martin well the facts are that that's what it is i just want to say sorry saw it. don't be in there again i just want to say we...
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Feb 26, 2013
02/13
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. >> the u.s. justice department is squaring off against lawyers from bp to determine liability from the 2010 gulf oil spill begins. the court will say they focused more on cost cutting than safety which led to the rig explosion that caused the spill. >> it killed 11 workers and leaked hundreds of thousands of barrels of oil into the gulf over three months. >> german chancellor angela merkel on turkey -- in turkey holding talks with the prime minister. this comes amid growing frustration over the lack of progress in succession talks with european union. >> she has made no secret in her opposition of their joining the e.u. nonetheless, she wants the talks to continue. >> they met in an agora. the visit was meant to show that ties between the two are close despite a lack of progress on the eu talks. earlier, the meeting with the president and to send a similar signal. also highly symbolic, the chancellor's trip to the border region with syria. german patriot missiles have been deployed there along wi
. >> the u.s. justice department is squaring off against lawyers from bp to determine liability from the 2010 gulf oil spill begins. the court will say they focused more on cost cutting than safety which led to the rig explosion that caused the spill. >> it killed 11 workers and leaked hundreds of thousands of barrels of oil into the gulf over three months. >> german chancellor angela merkel on turkey -- in turkey holding talks with the prime minister. this comes amid growing...
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economy so as the u.s. economy goes goes the rest of the world we just know that to be a fact in the united states is absolutely just i don't know money in there being a lot of signs and you don't understand how for china it is martin go ahead go ahead finish your point ok but you're going to have some of the same time as i do with the economy ok all right ed then we'll go back to martin well the facts are that that's what it is i just want to say sorry saw it. to be in there again i just want to say we just got the news that china eclipsed the u.s. in trade so if you're looking at the total number of export on imports of goods in the united states last year that was three point eight two trillion china right point eight seven trillion and if you're looking at the g.d.p. statistics are conscious when you look at the nominal g.d.p. but you need to look at the purchasing power adjusted g.d.p. that really reflects the real size of the economy because on that basis the remedy is actually still undervalued and s
economy so as the u.s. economy goes goes the rest of the world we just know that to be a fact in the united states is absolutely just i don't know money in there being a lot of signs and you don't understand how for china it is martin go ahead go ahead finish your point ok but you're going to have some of the same time as i do with the economy ok all right ed then we'll go back to martin well the facts are that that's what it is i just want to say sorry saw it. to be in there again i just want...
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Feb 25, 2013
02/13
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the first u.s. state to do so. new jersey may follow and he says he hopes see sarps has the opportunity to, quote, pursuit online gaming there. online gambling inside of nevada and new jersey cannibalizing the home audience. the hope is that it becomes legal in neighboring states. but new jersey in familiar can be very lucrative and all this hope pushed up zynga shares today. back to you. >> hopium, thank you for using that, jane. let's bring in scott nations of nation shares, who noticed some unusual options activity in zynga today. scott? >> that's right. looking for something to buy today and a bunch of them were buying call options on zynga. again, on news that nevada had passed online gaming. by the end of the day, the call volume in zynga was four times the average daily volume. now, one particularly interesting trade was a buy of 2,000 of the march 3 1/2 strike calls that paid 28 cents for those. that means their break even is $3.78. that's a really interesting level. while zynga has flirted with that level
the first u.s. state to do so. new jersey may follow and he says he hopes see sarps has the opportunity to, quote, pursuit online gaming there. online gambling inside of nevada and new jersey cannibalizing the home audience. the hope is that it becomes legal in neighboring states. but new jersey in familiar can be very lucrative and all this hope pushed up zynga shares today. back to you. >> hopium, thank you for using that, jane. let's bring in scott nations of nation shares, who noticed...
SFGTV2: San Francisco Government Television
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Feb 25, 2013
02/13
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when i hear about cycling in the u.s., people say, oh, but cycling is so dangerous. and then we say, no, cycling is not dangerous. cyclists hardly ever cause accidents. cars cause accidents. cars cause facilities and in the netherlands we have the philosophy that car drivers should realize that they're in a machine that can kill. and also from that on responsibility in taking liability. if a car drives over a child on a bike, no matter what happens, he is 100% liable for whatever happens. and even in the other cases, when a car goes in the collision with an adult on a bike, still there is at least 50% liability for the car driver. and when the car driver would say, but yeah, the cyclists made a very strange movement. then we would say in the netherlands, well, you know that's about cycling. so you should reduce your speed when you see the cycling, you just can't drive on with 40 or 45 miles an hour alongside cyclists because there is always the risk that something strange happens so that's important. jurisdiction. there were initiatives to put in a code, but there wa
when i hear about cycling in the u.s., people say, oh, but cycling is so dangerous. and then we say, no, cycling is not dangerous. cyclists hardly ever cause accidents. cars cause accidents. cars cause facilities and in the netherlands we have the philosophy that car drivers should realize that they're in a machine that can kill. and also from that on responsibility in taking liability. if a car drives over a child on a bike, no matter what happens, he is 100% liable for whatever happens. and...
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Feb 25, 2013
02/13
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since then, u.s. trade with canada has nearly tripled and u.s. trade with mexico has increased almost sixfold. my hope is that the president will ultimately show the kind of leadership that we've seen throughout this nation's history when we are confronted with big challenges. he has acknowledged the need for serious reform. i believe he understands the problem perfectly, that we can't preserve and protect social security and medicare unless we deal with those programs now, yet he has never acted on his words, instead choosing to engage in the perpetual campaign. as a result, washington keeps spending money it doesn't have and saddling our children with more debt. meanwhile, our safety net programs are spiraling toward a collapse that would leave the poor and the elderly even more vulnerable. it's time for a change and it's time for the president to take his rhetoric about debt reduction and turn it into real meaningful reform. mr. president, i yield the floor and i would -- a senator: mr. president? the presiding officer: the senator from pennsy
since then, u.s. trade with canada has nearly tripled and u.s. trade with mexico has increased almost sixfold. my hope is that the president will ultimately show the kind of leadership that we've seen throughout this nation's history when we are confronted with big challenges. he has acknowledged the need for serious reform. i believe he understands the problem perfectly, that we can't preserve and protect social security and medicare unless we deal with those programs now, yet he has never...
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Feb 25, 2013
02/13
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. >>> the u.s. state department has joined the search for an oakland couple missing in south america. jamie neil and garrett hand began a bike tour of peru in november. they kept in constant contact with family members and friends through a facebook page. but those posts abruptly stopped on january 25th when they arrived in lema. >>> memorial services are scheduled today for ten-month- old angel lagrand. sheriffs deputies found her body in a field. the discovery comes two weeks after she disappeared. her father is facing kidnapping and murder charges in her death. investigators say jesus told family members he had told family members he had take ton the baby to disney land. >>> the san jose city council is thinking about three different taxes to pay the cost of fixing roads. they include a quarter cent or half cent sales tax. they may also ask voters to approve a $295 million bond measure that would cost the average homeowner about $100 a year. >>> 6:19 is the time. back over to sal who is keeping a
. >>> the u.s. state department has joined the search for an oakland couple missing in south america. jamie neil and garrett hand began a bike tour of peru in november. they kept in constant contact with family members and friends through a facebook page. but those posts abruptly stopped on january 25th when they arrived in lema. >>> memorial services are scheduled today for ten-month- old angel lagrand. sheriffs deputies found her body in a field. the discovery comes two...
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Feb 25, 2013
02/13
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markets here in the u.s. getting a boost from overseas. and lifted by optimism over the italian elections, and prospects for looser japanese monetary policy. >> yeah, that's it. in a nutshell. >> i was wondering what it was when i was driving in this morning. now i know. >> we can end the show now. >> i thought it was the academy awards plus the fact that a lowe's car won in the daytona. but this is much better. it makes me feel more -- i mean, lincoln, you know, daniel day lewis won, that's lincoln. and the fellow that looks like it should say abe in japan. here's what i think is happening, okay? there are a lot of people who came in short after the big breakdown in the middle of the week last week. there was no follow-through with the negativity. instead, there was hewlett-packard, the first-grade interview last week. europe is not falling apart. it's just slow growth. china didn't even produce good numbers overnight. it's still not that bad. i think we're setting into the idea that the sequester is a larry kudrow bit. sa saying it's sma
markets here in the u.s. getting a boost from overseas. and lifted by optimism over the italian elections, and prospects for looser japanese monetary policy. >> yeah, that's it. in a nutshell. >> i was wondering what it was when i was driving in this morning. now i know. >> we can end the show now. >> i thought it was the academy awards plus the fact that a lowe's car won in the daytona. but this is much better. it makes me feel more -- i mean, lincoln, you know, daniel...
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Feb 25, 2013
02/13
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we are seeing the u.s. plan to withdrawal from afghanistan with the plants keep the number of troops stationed in pakistan. one, how do you think that the situation will be effective in pakistan? and, two, how do you think the u.s.-pakistan stands right now if -- [inaudible]. >> the perception is i think the expectation is that pakistan is going to go through what i would call a vertical meltdown but it won't become a failed state but when organs of the state stop acting on their own and at the height of pakistani integrity as a nation, a.q. khan was doing his own thing so you can imagine when the country starts to disintegrate in -- at various levels, what we're going to see in terms of proliferation and put pakistan in all sorts of things which, against our interests. so i think that the whole issue of india-pakistan will be exacerbated as a result of come as a result of the potential of pakistani involvement in the middle east, which is also something, which is almost obvious because the saudis do have a
we are seeing the u.s. plan to withdrawal from afghanistan with the plants keep the number of troops stationed in pakistan. one, how do you think that the situation will be effective in pakistan? and, two, how do you think the u.s.-pakistan stands right now if -- [inaudible]. >> the perception is i think the expectation is that pakistan is going to go through what i would call a vertical meltdown but it won't become a failed state but when organs of the state stop acting on their own and...
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Feb 25, 2013
02/13
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and want to know what is happening in the u.s., stories about the u.s. election were on the front page and the editorialized about it. they had editorial cartoons about the u.s. election. that is partly because china was mentioned quite frequently, specifically by mitt romney. they have manipulated their currency. they have allowed the currency to float openly in a relatively constrained band. when i arrived, the currency was about seven, now it is about six. it has strengthened quite a bit programs, can they read the internet from here, and can they watch youtube? >> the internet is controlled by the great fire wall. that keeps out facebook, youtube, "the new york times" is banned. a lot of western sites are banned, including sites from hong kong and taiwan. a lot of young, savvy chinese have a virtual private networks and they are able to get around the great fire wall. it is a cat and mouse game. the chinese find new ways around it. the government is trying to constrict what people see and read. >> if "the new york times" cannot be read in china, how
and want to know what is happening in the u.s., stories about the u.s. election were on the front page and the editorialized about it. they had editorial cartoons about the u.s. election. that is partly because china was mentioned quite frequently, specifically by mitt romney. they have manipulated their currency. they have allowed the currency to float openly in a relatively constrained band. when i arrived, the currency was about seven, now it is about six. it has strengthened quite a bit...
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Feb 25, 2013
02/13
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in the u.s. district court for the southern district of new york. and the finalists have been announced for the book prizes. the book prizes are broken into ten categories including biography, current interest, fiction, history, science and technology. among the finalists are jake tapper, robert caro and katherine boo. the winners will be announced on april 9th, that's the night before the l.a. times festival of books. for the entire list of finalists, go to l.a. times come. stay up-to-date on breaking news about authors, books and publishing by liking us on facebook at facebook.com/booktv or follow us on twitter @booktv. visit our web site, book tv.org, and click on news about books. >> we don't know whether franklin roosevelt ever heard about florence greenberg's unprecedented call for health care as a right, because even though he had endorsed the conference, he chose that time to go on vacation. fdr was actually on a cruise. i guess we can't really blame him, um, point a pretty well-deserved
in the u.s. district court for the southern district of new york. and the finalists have been announced for the book prizes. the book prizes are broken into ten categories including biography, current interest, fiction, history, science and technology. among the finalists are jake tapper, robert caro and katherine boo. the winners will be announced on april 9th, that's the night before the l.a. times festival of books. for the entire list of finalists, go to l.a. times come. stay up-to-date on...
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Feb 25, 2013
02/13
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the u.s. equity futures at this hour and right now it looks like there are some green arrows. you can see dow futures up by about 50 points in fair value. s&p up by just about 7. joe mentioned the oscars. he was very excited about this. if you went to bed early, here is a recap of the major winners. "argo"'s win as best picture marks the first time since "driving miss daisy" that a film won top prize without its director being nominated. ang lee was best director for "life of pi." three other wins for "life of pi" came for original score, sen ma effects and cinematography. >>> daniel day-lewis took home best actor for his role as lincoln. >>> the best actress went to jennifer lawrence for "silver lining's playbook." and best supporting actress was ann hathaway for les miserables. >>> randall stephenson will be joining us live in about ten minutes. the big news on his company today, gm is switching to at&t from verizon for on-star wireless service. that's beginning with the cars they make in 20
the u.s. equity futures at this hour and right now it looks like there are some green arrows. you can see dow futures up by about 50 points in fair value. s&p up by just about 7. joe mentioned the oscars. he was very excited about this. if you went to bed early, here is a recap of the major winners. "argo"'s win as best picture marks the first time since "driving miss daisy" that a film won top prize without its director being nominated. ang lee was best director for...
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Feb 25, 2013
02/13
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i'm very optimistic for u.s. market now. >> what about the european crisis inspect how has that affected your company? >> the euro crisis has eventually hit us. but look, for me, one recipe out of the euro crisis is to simulate private investments. our industry is ready to make private investments, big time, as long as there is an investment friendly regulatory environment so we can actually, you know, make money in an appropriate way. i think this is part of the solution because a lot of growth and productively growth comes from the existence of ict infrastructure and we're part of that. >> and who are you going to vote for in september? >> are you kidding me? that's an interesting question. i am entirely unpolitical. >> now, ross, he also said to stay tuned for more news about a tie up potentially with fone, a spanish company that used wi-fi user generated networking hot points that put so much demand on companies like do you have ya telecom. deals may be a real theme coming out of this conference. when we spok
i'm very optimistic for u.s. market now. >> what about the european crisis inspect how has that affected your company? >> the euro crisis has eventually hit us. but look, for me, one recipe out of the euro crisis is to simulate private investments. our industry is ready to make private investments, big time, as long as there is an investment friendly regulatory environment so we can actually, you know, make money in an appropriate way. i think this is part of the solution because a...
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Feb 25, 2013
02/13
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we have had problems with the u.s. soybean crop because of the drought. brazil still looks good, but drought in argentina has a lot of analysts looking at those numbers. the one exception here is cotton. cotton, in terms of stocks, has increased dramatically over the last couple of years. what that is being driven by, largely, is china. china, because of policies to support producers, have been acquiring a lot of grain. excuse me -- a lot of cotton. you can see that cotton stocks have been increased substantially in china. they currently account for over 50% of total world inventories. on a commodity basis, stocks as percent of use in china is some 120%. a lot of analysts wonder how sustainable that is. china is a large importer of cotton for its textile mills. certainly, with this sort of stock level overhanging the market, i think this will lead to some uncertainty in the cotton market, as we move forward into this year. let us turn to planning -- plantings. obviously, we are expecting to continue strong plantings, certainly for grains and oil seeds. so
we have had problems with the u.s. soybean crop because of the drought. brazil still looks good, but drought in argentina has a lot of analysts looking at those numbers. the one exception here is cotton. cotton, in terms of stocks, has increased dramatically over the last couple of years. what that is being driven by, largely, is china. china, because of policies to support producers, have been acquiring a lot of grain. excuse me -- a lot of cotton. you can see that cotton stocks have been...
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Feb 25, 2013
02/13
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about 80% of americans believe that u.s.-japan relationships is the most important foundational relationship in asia. it is emblematic of how a important we give this relationship. in his tenure and president obama's second term, we are delighted to have him here. please welcome him with your applause, prime minister abe. [applause] >> thank you for your warm introduction. thank you, ambassador. thank you, governor. thank you, doctor green. and thank you all for joining me today. last year, we updated a paper about japan. they asked if japan would end up becoming that nation. here is my answer to you. japan is not and will never be a tier two country. that is the core message i am here to make. i am back. [laughter] [applause] thank you. and so shall japan be. that is what i wanted to say. i could stop here and take questions for the next 50 minutes. i know, however, that society has started to look anxious. bear with me for another 20 minutes. the time i have spent, five years, since being prime minister. first and foremost
about 80% of americans believe that u.s.-japan relationships is the most important foundational relationship in asia. it is emblematic of how a important we give this relationship. in his tenure and president obama's second term, we are delighted to have him here. please welcome him with your applause, prime minister abe. [applause] >> thank you for your warm introduction. thank you, ambassador. thank you, governor. thank you, doctor green. and thank you all for joining me today. last...